Sadbhav Engineering bags NHAI project worth Rs. 459 cr.

Sadbhav Engineering has won the bid for a NHAI project worth Rs. 459 crore for four-laning a section of National Highway-65 (NH) in Haryana.

'Four-laning of Ambala-Kaithal section from 56.860 km to 95.360 km (length 44.50 km) in the State of Haryana of NH-65 with paved shoulder under National Highway Development Project (NHDP) on EPC mode,' Sadbhav Engineering said in a BSE filing.

The quoted price is Rs. 459 crore and the construction period is 2.5 years with a maintenance period of four years, it added.

The company has also been declared the successful bidder for upgradation of 109.95 km stretch of state highway in Karnataka for Rs. 317.05 crore.

Sadbhav has successfully constructed over 4,200 lane km of roads and highways (both National and State), while 3,500 lane km are under various stages of construction.


HBL